NOT LISTED FOR SALE

4 Walker St Bridgton, ME 04009

Estimated Value: $235,000 - $370,000

-- Bed
2 Baths
1,638 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $145,000 $89 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,745/month

7 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • No HOA
  • Public Beach
  • Main Floor Bedroom
  • 1-minute walk to Shorey Park

About This Home

As of June 2020

STABLE & RELIABLE TENANT HISTORY: 2- unit multifamily in downtown Bridgton. Walking distance to all amenities: Magic Lantern movie theatre, post office, Reny's, eateries and shops. Enjoy the town beach on Highland Lake. Off-street parking for owner / tenants OR live in one half of the building and use rental income to pay your mortgage. Town sewer and water. 24-hour shown notice. Occupied.

Last Agent to Sell the Property

Ryan Mahan

Saco Valley Real Estate Listed on: 05/10/2020

Last Buyer's Agent

Katie England

Maine Real Estate Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Public Beach
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number BRGT-000022-000000-000100

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,157
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,735

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From 302 Main Street in Bridgton to Walker Street. 3rd building on the street. See sign.
  • Above Grade Finished Sq Ft: 1638.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1638.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Amenities:Walk-in Closets: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 24000.0
  • Income Expenses Operating Expenses: 9157.44
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Foundation Materials:Granite2: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 61/MSAD 61

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: BRGT-000022-000000-000100
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 9157.44

Tax Info

  • Tax Annual Amount: 1735.0
  • Tax Book Number: 34273
  • Tax Lot: 100
  • Tax Map Number: 22
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2020
Closed on
Jun 26, 2020
Sold by
Wallace Ryan A and Wallace Sara B
Bought by
Hazel Philip A
Seller's Agent
Ryan Mahan
Saco Valley Real Estate
Buyer's Agent
Katie England
Maine Real Estate Choice
List Price
$125,000
Sold Price
$145,000
Premium/Discount to List
$20,000
16%
Current Estimated Value
$296,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,740
Avg. Annual Appreciation
13.05%
Original Mortgage
$116,000
Outstanding Balance
$104,177
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$170,861

Purchase Details

Listed on
Aug 18, 2016
Closed on
Aug 29, 2017
Sold by
Ball Aaron M
Bought by
Wallace Ryan A and Wallace Sara B
Seller's Agent
Nancy Hanson
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Ryan Mahan
Keller Williams Realty
List Price
$124,900
Sold Price
$107,500
Premium/Discount to List
-$17,400
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$80,625
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
Ball Ira E and Ball Aaron M
Bought by
Ball Aaron M and Ball Robin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,868
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Keene Nina R
Bought by
Ball Aaron M and Ball Robin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,101
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hazel Philip A -- None Available
Wallace Ryan A -- --
Ball Aaron M -- --
Ball Aaron M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hazel Philip A $116,000
Previous Owner Wallace Ryan A $80,625
Previous Owner Ball Aaron M $101,868
Previous Owner Ball Aaron M $106,101
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $145,000 +16.0% $89 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/10/2020 05/10/20 For Sale $125,000 +16.3% $76 / Sq Ft
08/28/2017 08/28/17 Sold $107,500 -13.9% $66 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
08/18/2016 08/18/16 For Sale $124,900 -- $76 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,972 $115,644 $25,680 $89,964
2023 $1,989 $115,644 $25,680 $89,964
2022 $1,758 $115,644 $25,680 $89,964
2021 $1,712 $115,644 $25,680 $89,964
2020 $1,729 $115,644 $25,680 $89,964
2019 $1,735 $115,644 $25,680 $89,964
2018 $1,712 $115,644 $25,680 $89,964
2017 $1,769 $115,644 $25,680 $89,964
2016 $1,717 $115,644 $25,680 $89,964
2015 $1,689 $122,860 $29,552 $93,308
2014 $1,727 $122,860 $29,552 $93,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1451768

Maine Listings

APN: BRGT-000022-000000-000100